PHW.TO Purpose Intl Hedged Fund (TSX) volume spike 09 Jan 2026: watch liquidity

Meyka’s volume-spike screen flagged PHW.TO stock at market close on 09 Jan 2026 after an outsized relative volume signal. The Purpose International Tactical Hedged Equity Fund (PHW.TO) finished the session at C$21.24, down C$0.23 (-1.07%), while our feed shows a very high relative volume metric (2987.50) versus an average daily volume of 8 shares. This note explains the price action, key metrics, technicals, dividend profile and the trading implications of the volume spike for Canadian investors on the TSX.